Propel Technology: Three new products and the promise of ‘fuel-neutral’, practical advice to Ecobuild visitors

Viessmann, one of Europe’s leading brands in heating technology, is urging designers and constructors to visit its stand (N2030) at Ecobuild (March 1-3, 2011; ExCel; London) for unbiased advice on the specification of sustainable and energy efficient heating technologies. The company, renowned for its comprehensive range of quality products for... 

Market flat, pares losses from jobless claims

U.S. stocks were little changed on Thursday, paring losses after weaker-than-expected jobless claims and helped by a rise in Marathon Oil. Contributing to the weakness was a sharp drop in shares of Merck on disappointing drug trial news. The drugmaker was the biggest percentage decliner on the S&P 500. Weekly initial claims for unemployment benefits... 

Rising Costs Threaten Utility Sector’s Large Dividends

To combat rising costs, companies in the Electric Utilities Sector have been looking to mergers and acquisitions to keep profits steady and maintain their healthy dividends. Stricter environmental regulations require that any new power plants built that are large enough to produce 75,000 tons of carbon dioxide a year must use the best available control... 

GeoResources, Inc. Announces Proposed Common Stock Offering

GeoResources, Inc., today announced that it and certain selling shareholders intend to offer, subject to market and other conditions, 4,700,000 shares of common stock, of which 4,000,000 shares would be sold by GeoResources and 700,000 shares would be sold by the selling shareholders, in an underwritten public offering. In connection with the offering,... 

Lucas Energy Board Approves $6 Million 2011 Capital Budget

Lucas Energy, Inc. , an independent oil and gas company, reported today that its directors have approved a record level $6 million capital expenditure budget for 2011. “We are excited about the approval and content of our 2011 capital program, which was funded through a recent equity offering,” commented William A. Sawyer, president and... 

Cape Wind Completes Permitting Process

Cape Wind completed its Federal permitting process today with the receipt of a final permit from the Environmental Protection Agency (EPA), continuing the project’s forward progress to creating jobs and increasing energy independence from the 468 megawatt offshore wind farm. EPA’s approval came 24 hours after the U.S. Army Corps of Engineers issued... 

OGX Announces the Presence of Hydrocarbons in Well 1-MRK-3/4P-RJS in the Campos Basin

OGX Petróleo e Gás Participações S.A. the Brazilian oil and gas company responsible for the largest private sector exploratory campaign in Brazil, announced today the presence of hydrocarbons in the Santonian, Albian and Aptian sections of exploration well 1-MRK-3/4P-RJS, which is located in the BM-C-37 block, in the shallow waters of the Campos... 

Planet Resource Recovery, Inc. Retains the Minns Law Firm

Planet Resource Recovery, Inc. announced today that Mr. Michael Louis Minns of the Minns Law Firm, has agreed to represent the Company in the litigation between the Company and Kent Weisenberg/Inspar Field Services LLC. Planet was officially served with a Civil Suit on December 30, 2010. Mr. Minns and his legal team will review the suit and will... 

Is Natural Gas Set to Rebound in 2011?

2010 marked a year that most natural gas investors would like to forget. The reason for the drop in prices and stocks was simply supply and demand. Natural gas supplies have grown in recent years as new technologies have made it easier for producers to unlock previously unreachable reservoirs in onshore shale formations. Some natural gas producers have... 

Lucas Energy Enters Into $6 Million Stock Offering

Lucas Energy, Inc. , an independent oil and gas company, has executed agreements to raise almost $6 million from the sale of approximately 2.5 million units in a registered direct offering at a price of $2.38 per unit, based on the December 23, 2010 closing price. Investors included a select group of institutions and Hall Phoenix Inwood Ltd., an affiliate...